Founded in 2009, Viridian is an energy company that provides residential and commercial customers with a comprehensive portfolio of energy options, including renewable energy, natural gas, and affordable solar power. Viridian generates approximately $267 million in global revenue each year.

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The Good

  • Commissions and Bonuses
  • Training
  • Fixed Rates

Commissions and Bonuses

Individuals interested in becoming Viridian independent distributors can become a single-state associate for $199 and a multi-state associate for $299.

Once they've paid the fee and joined the business opportunity, distributors can earn 10 to 15 percent commissions on products sold and up to 20 percent commissions on the monthly services used by customers.

Viridian also offers its distributors several other bonuses, including fast start bonuses, mentor bonuses, residual pay, rank advancement bonuses, an Audi car program, and more.

Training

All independent distributors are required to complete Viridian University, which is a program that uses training videos to help individuals get started with their new business venture.

At the end of the program, individuals become certified. Outside of Viridian University, the company provides its distributors with a professional suite of websites, a business center, and branding and marketing materials.

Additionally, Viridian's support representatives can be called for help at any time.

Fixed Rates

Viridian recently introduced a 36-month fixed electric and natural gas contract to its customers. Referred to as 3DOM, the contract features two products. It encompasses both a traditional 36-month fixed rate and a 36-month hybrid product that allows customers to convert to a fixed rate when desired.

A back-end rebate is also included. This rebate states that if a consumer pays more under the product than they would have with their utility service, the company will rebate the consumer for "110 percent of the difference, up to an established average amount for utility customers." There is a $50 early termination fee.

The Bad

  • Fees
  • Limited Availability
  • Lawsuit

Fees

In addition to the initial startup costs, Viridian's independent distributors are required to pay other business expenses as well. There is a monthly fee that must be paid in order to gain access to a personalized website and company training materials. There is also an annual business license fee. The company does not disclose the cost of these fees on its website.

Limited Availability

Viridian is only available in 17 states. This means that individuals who are interested in becoming independent distributors may not be able to do so in their own state.

Lawsuit

The state of Maryland fined Viridian $60,000 in 2012 for "false and deceptive marketing practices." A class-action lawsuit against Viridian was also filed in Maryland for using a "fraudulent bait-and-switch sales model."

The Bottom Line

Viridian is an energy company in the multi-level marketing industry. The company offers a comprehensive selection of energy plans with fixed rates. Independent distributors have access to company training materials and can earn multiple commissions and bonuses.

However, Viridian distributors are required to pay several fees. Additionally, the company has faced a lawsuit and is only available in 17 states.

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User Reviews

Star Rating

1.8
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4 Reviews

Review Breakdown

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25%
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1 star
75%

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john chirico
January 17th, 2018 Staten Island, NY DETAILS
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i have tried to deal with viridian for years... i have nothing good to say about this company... they do not keep their promises and in fact will lie and change what they previously said..... their products also change and the prices will change even when locked in....i do not understand how it is still in business.... they lock people in to contracts and then change the contracts and people have to deal with it.... then this contract renews without any warning so you can see yourself locked in for years.... the penalty is 150 dollars to cancel....zero stars does not convey the amount of bad this company does to good people

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john chirico
January 11th, 2018 Staten Island, NY DETAILS
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i can not say enough bad things about this company.... first they change their contracts and raise their prices even with a contract... they also lie about what they told you only recently... they charge huge fees to get out when you realize you are being taken.... the customer service line takes about 45 minutes to get a real person to talk to..... i do not see how this company remains in business

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Robert
March 17th, 2017 Pennsauken, NJ

We saved money on our electricity with Viridian and took action to renew our plan when it was time to do so, and are continuing to save today. Knowing that we are supporting the expansion of renewable energy and a company that has planted 5000 trees in the rain forest and donated solar energy to villages in 3rd would countries is exciting!

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Sandy
October 27th, 2016

Utterly failed in Australia... after no less than 4 launch attempts. Absolutely appalling management with ZERO INTEREST in the thousands of people that invested much time and effort into building teams up. Dreadful!!

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